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Oligopoly and the Australian Airline Industry, 2008.
An overview of oligopoly within the Australian airline industry with a focus on Qantas, Virgin and Tiger airlines.
1,142 words (approx. 4.6 pages), 4 sources, MLA, $ 39.95
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Abstract
This paper explains the theory of oligopoly and discusses how Australia's airline industry provides a solid example of an oligopoly market. It uses case studies of Qantas, Virgin and Tiger airlines to demonstrate how all need to employ profit-maximising strategies that take into account the likely response to the strategies of other firms.
Outline:
Introduction
Case Study
From the Paper
"The combined profits of firms in an oligopoly can be maximised if they act together as a monopolist. Under "normal" conditions it is expected that firms in an oligopoly will collaborate to produce the optimal conditions for themselves. This leads to a practice known as price-fixing, whereby business competitors agree to sell a virtually homogenous product at the same price. The agreement itself is known as a cartel. Since the practice is anti-competitive, and economically inefficient according to neo-classical economics, it is illegal under the Trade Practices Act and has been the subject of a recent scandal in the airline industry worldwide."
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SouthWest Airlines, 2006.
An overview and analysis of the mission statement, current strategy and vision of SouthWest Airlines.
2,202 words (approx. 8.8 pages), 8 sources, MLA, $ 68.95
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Abstract
This paper provides a case study analysis of SouthWest Airlines. It reviews the history of the company, their product line and their current strategy. The paper then analyzes their mission statement and vision. It presents Porter's five-forces model and a SWOT (strengths, weaknesses, opportunities, threats) analysis for SouthWest Airlines. Finally, the paper presents recommendations for the future of the company.
Table of Contents:
History
Product Line
Current Strategy
Mission Statement
To Our Employees
Revised Mission Statement
Vision of Southwest Airlines
Revised Vision
Competitive Profile Matrix (CPM)
Southwest and Porter's Five-Forces Model
Internal Factor Evaluation (IFE)
SWOT Analysis for South West Airlines
Strategic Position and Action Evaluation Matrix (SPACE)
Boston Consulting Group: BCG
The Quantitative Strategic Planning Matrix--QSPM
Conclusions
Recommendations
From the Paper
"Rollin King and Herb Kelleher are the founders of the SouthWest Airline (SWA). Based at Dallas Texas SWA is the third largest airline in the world (Wikipedia) providing low-fare, no-frills, air transportation to fifty-eight cities in the United States. The history of SWA dates back to June 18, 1971, with the maiden flight between Houston, Dallas and San Antonio taking off. Within five years SWA had successfully placed its sixth Boeing 737 in operations and transported over one and a half million satisfied customers to their destinations. The same year the airlines got clearance to operate flights to Austin, Corpus Christi, El Paso, Lubbock, and Midland/Odessa. Soon SWA went public with its stock being listed on the New York Stock Exchange."
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Southwest Airlines, 2007.
An overview and SWOT analysis of Southwest Airlines.
1,898 words (approx. 7.6 pages), 13 sources, MLA, $ 60.95
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Abstract
Air travel remains a large and growing industry and facilitates economic growth, world trade, international investment and tourism. This paper looks at how Southwest is one of America's largest and best-loved commercial airlines and has been called one of the most successful airlines in history. It examines Southwest's impact and results on several economic indicators and provides a SWOT analysis of the company.
Outline:
Abstract
Industry Overview
History of Southwest Airlines
SWOT Analysis
Impact of the Real GDP
Impact on the Unemployment Rate
Consumer Price Index
Economic Indicator: Personal Income
Economic Indicator: Standard & Poor's 500
Economic Indicator: Dow Jones Industrial Average
From the Paper
"Major US airlines have established marketing alliances with each other as a result Southwest Airlines has recently begun code-sharing with ATA Airlines, which is due to the company's acquisition of certain ATA assets not an alliance. Alliances allow competitors of the company to expand the flight network available to their customers without having to invest as much capital as is required for an acquisition or for establishing a base at a new destination. Southwest's not being part of an alliance with other strong industry players could limit the airline's offering. (Southwest, 2005)"
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Air Canada, 2006.
An overview of some of the difficulties Air Canada has been facing with an emphasis on the problems caused by the labor dispute between pilot unions.
2,475 words (approx. 9.9 pages), 4 sources, $ 97.95
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Abstract
This paper discusses Air Canada and the significant market difficulties it has been experiencing since September 11, 2001. The paper explains that some of the difficulties it has been facing were a result of operational difficulties associated with its acquisition of Canadian Airlines International Ltd (CAIL). The difficulty that Air Canada faced with the integration of CAIL's pilots into the Air Canada Pilots' Association was indicative of the overall anti-competitive influence of unions in general. This paper examines the labor dispute between these two pilot associations.
From the Paper
"Air Canada is the leading Canadian airline but has had significant market difficult since September 11, 2001 which has seen the airline enter and exit bankruptcy proceedings. Additionally, some of its difficulties have arisen from pre-bankruptcy operational difficulties associated with its rapid growth of which its acquisition of Canadian Airlines International, Ltd. (CAIL) was a major contributor. Overall the size of the Canadian airline industry in economic terms is over $4b and as such occupies a central role in the national economy. The difficulty that Air Canada faced with the integration of CAIL's pilots into the Air Canada Pilots' Association was indicative of the overall anti-competitive influence of unions in general."
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The Canadian Airline Industry, 2006.
An essay examining the Canadian airline industry and the role that the Canadian government should be playing in that industry.
1,575 words (approx. 6.3 pages), 4 sources, $ 62.95
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Abstract
This essay examines a number of issues regarding the complex interactions of government and market with respect to the Canadian airline industry. Beginning with a brief outline of the respective roles of government and market in economic theory, the paper argues that the Canadian government has an important role to play in the Canadian airline market with regard to promoting competition.
From the Paper
"The Canadian airline industry may be seen as an example of an industry in which the roles of government and the market are not only complex and highly integrated, but also highly controversial as well. In large measure, this is due to the limited size of the Canadian domestic airline market, and the public demand for geographical coverage spanning a continent. This mixture of political forces with market forces is further complicated, in the Canadian context, by the issue of Canadian nationalism which manifests itself in the market in barriers to investment by foreign capital in the Canadian airline industry."
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The Airline Industry Post Deregulation, 2006.
A look at the airline industry after it was deregulated as well as an argument in favor of a mild form of regulation.
1,575 words (approx. 6.3 pages), 3 sources, $ 62.95
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Abstract
This paper discusses the airline industry within the US from the perspective of post deregulation. The reasons underlying the shift to a deregulated environment are examined in detail as are the competitive forces of supply and demand as they relate to price elasticity. Finally, the overall economic model governing the industry post-deregulation is discussed and is followed by several conclusions and a recommendation supporting some form of mild regulation of the industry.
From the Paper
"The airline industry has long been a dynamic and vibrant industry and one that has proved problematic to quantify in real terms from an economic perspective. The airline industry was deregulated in the United States (US) officially in 1978 with passage of the Airline Deregulation Act of 1978 passed by the US Congress (Dilger, 2003, p.46). The reasons for deregulation were varied but they primarily revolved around economic issues. While the airline industry might not have been a true monopoly in that there were a variety of industry competitors, it tended to behave monopolistically in the sense that it, in effect, was an oligopoly."
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Southwest Airlines Financial Report, 2006.
This paper offers an economic evaluation of Southwest Airlines.
675 words (approx. 2.7 pages), 0 sources, $ 26.95
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Abstract
The paper responds to a series of questions related to financial reports contained within a company's annual report. Specifically addressed are Southwest Airline's 2005 Annual Report and the characteristics of its income and balances sheet statements. Also, Southwest's accounting and accounting oversight practices are discussed as are its notes to the financial statements.
From the Paper
"Southwest's income statement is a useful document in underlining the overall performance of the company and provides key insight into the operational health of the company. While there are other key financial ratios that can and should be examined, the income statement provides important reference points for operational integrity. For example, Southwest's passenger, freight and other types of operating revenues all increased year on year from 2003 to 2005 moving from $5,937m to $7,584m respectively and, ideally, this increase in revenues should also come accompanied by an increase in profits (Southwest, 2005, p.48). An increase in revenues accompanied by a loss in profits would be indicative of poor operational management or an extraordinary increase in operational expenses related to market forces rather than management."
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Arming Pilots, 2006.
This paper examines the arguments for and against arming airline pilots.
1,125 words (approx. 4.5 pages), 5 sources, $ 44.95
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Abstract
The paper discusses the proposal to arm airline pilots. The paper looks at those in favor who argued that pilots needed the means to repel invaders into the cockpit. Those not in favor argued that it was dangerous for pilots to be carrying firearms and that doing so also put them in danger. The paper describes how the issue was considered as various legislation was proposed and as an increased effort was made to train air marshals for service to protect the flying public. The paper points out that the question is still often raised and continues to foster debate.
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Aviator Spatial Disorientation, 2006.
This document discusses night vision goggle (NVG) technology as it relates to aviation use and application.
900 words (approx. 3.6 pages), 3 sources, $ 35.95
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Abstract
In this essay, the writer discusses three articles relating to NVG technology, relative to spatial disorientation and the human factors involved with NVG deployment. Several hypotheses are offered that are intended to provide guidance into further research vis-a-vis one of these particular NVG concerns related to spatial disorientation in the human pilot.
From the Paper
"Based upon the research presented it is hypothesized that one of the most important issues concerning pilot use of NVG technology is the existing lighting technology within the aircraft and that further research in this regard will lead to more effective NVG technology. In almost all cases, spatial disorientation is related to the absence of light to one extent or another and although NVGs require blackout conditions, internal lighting within the aircraft is extremely important considering the many alarm and warning systems that function off of a visual warning system."
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Globalization, Unions and the American Airline Industry, 2006.
Explores the capacity of labor unions within the US commercial airline industry to grapple successfully with the globalizing trends of the twenty-first century.
2,475 words (approx. 9.9 pages), 6 sources, $ 97.95
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Abstract
This paper discusses the situation confronting American commercial aviation unions as they face the obstacles presented by a global economy and by increased deregulation at all levels. The paper examines the general impact and repercussions of globalization upon airline unions in America and in other parts of the world and looks also at special strengths US organized labor in the airline industry possesses which will allow it to endure the dislocation possible job migrations and global interconnectedness of a global marketplace.
From the Paper
"Specifically, the following paper will examine the globalization phenomenon in broad detail as it applies to the airline industry as a whole (both foreign and domestic) and argue that American unions are actually fairly well-situated to survive the vicissitudes of the new global order because of their relative political savvy and technical expertise as well as because their long experience in an industry characterized by deregulation has left them better prepared."
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Aviation Safety, 2005.
A discussion on the impact of Computer Aided Design and aviation safety.
3,375 words (approx. 13.5 pages), 15 sources, $ 133.95
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Abstract
This paper reviews the impact of Computer Aided Design (CAD) on aviation safety. In particular the paper looks at how CAD has incorporated Human Factors Principles, that is to say an appreciation of the kind of people who will be using the technology, into the design making process.
From the Paper
"There can be little question that few occupations demand more of their practitioners than do the various branches of aviation. To begin with, any aircraft - be it a jetliner, a fighter jet, or even a small private airplane - is an extremely sophisticated piece of machinery. More specifically, they travel at high rates of speed, they can be (at least in the case of commercial aircraft) very unwieldy and cumbersome and their malfunction and/or mistreatment can result in almost certain death; quite simply, they are not items with which to be trifled. Adding to the dangers posed by these aircraft is the fact that their pilots - at least in military and/or commercial contexts - are expected to do more, and to do it more quickly, than ever before."
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The United States Airline Industry, 2005.
A discussion on rivalry between the United States airlines.
675 words (approx. 2.7 pages), 3 sources, $ 26.95
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Abstract
This paper briefly assess the United States airline industry using Michael Porter's Five Forces theory. It examines the level of rivalry within the sector. The author proceeds to explore the threat of substitutes as it pertains to the airline industry and its over all competitiveness.
From the Paper
"The following paper will briefly assess the United States airline industry using Michael Porter's Five Forces theory. Specifically, the paper will examine the level of "rivalry" within the sector and proceed from there to examine the "Threat of Substitutes" as it pertains to the airline industry and its over-all competitiveness. Not to be overlooked, "Buyer Power" and "Supplier Power" will also be discussed and so too will the barriers to entry which complicate the influx of new aspiring firms and competitors. Ultimately, what should emerge from this paper is an appreciation that, while the sector is not "perfectly" competitive, it is nonetheless one featuring stirring competition and constant efforts to bolster tight profit margins. According to Porter's Five Forces theory, there are - as one might suspect - five major 'forces' or factors which determine the level of ..."
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